Janet Yellen is one of the most experienced economists in our nation and has held many unpopular positions, ranging from speaking out against Wall Street sins...
The FOMC statement has offered positive and negative news for the slowly recovering economy, with hints that 2015 is looking pretty good.
Are you familiar with the Federal Reserve Beige Book? All business decision makers should be aware of it as a concise economic overview from the Federal...
Bank of America received what some are calling a secret bailout last year as the NY Fed threw their weight behind the big bank when AIG's...
“If we could wave a magic wand and get unemployment down to 5 percent tomorrow, obviously we would do that,” said Fed Chariman Ben Bernanke.
Federal Reserve Board writes to Congress In a letter to Congress, the Federal Reserve Board, led by Chairman Ben Bernanke recommended a variety of steps the...
Creating a better understanding Although some are pointing to tiny signs that the economy may be done bouncing at the bottom and ready for its slow...
Has the U.S. done all it can to fix the economy? At the Central Bank of Chile’s Fourth Summit Meeting of Central Banks on Inflation Targeting...
Fingers usually point at Rep. Frank’s CRA It is a common belief that subprime crisis was caused by the Community Reinvestment Act (CRA) which pushed for...
Bernanke expresses confidence In a speech this morning to the Economic Club of Washington, D.C., Federal Reserve Chairman Ben Bernanke discussed with the crowd the “the...
Image Courtesy of creativecommons.org I’m in the Airport Tomorrow is the meeting of the Professional Standards Interpretations and Procedures subcommittee in Chicago. I arrived at Philadelphia...
The Fed dropped rates by a whopping 0.75% this morning. This was not expected at all. This is the biggest drop in rates since 1990. Now...
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